Can I retire at age 30 with 444,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $444,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$36,665$36,339$36,020$35,709$35,405$35,197
2 years$18,151$17,813$17,485$17,168$16,860$16,649
3 years$11,980$11,641$11,314$11,000$10,696$10,491
4 years$8,896$8,557$8,234$7,925$7,629$7,429
5 years$7,046$6,709$6,390$6,087$5,799$5,607
6 years$5,812$5,478$5,164$4,868$4,589$4,403
7 years$4,932$4,601$4,291$4,002$3,732$3,554
8 years$4,272$3,944$3,639$3,357$3,096$2,925
9 years$3,759$3,434$3,135$2,860$2,607$2,443
10 years$3,348$3,027$2,733$2,465$2,222$2,065
11 years$3,013$2,694$2,406$2,145$1,911$1,761
12 years$2,734$2,418$2,135$1,882$1,656$1,513
13 years$2,498$2,186$1,908$1,661$1,444$1,307
14 years$2,295$1,987$1,714$1,475$1,266$1,136
15 years$2,120$1,815$1,548$1,315$1,114$991
16 years$1,967$1,665$1,403$1,178$985$867
17 years$1,832$1,533$1,277$1,058$873$762
18 years$1,712$1,417$1,165$954$776$671
19 years$1,605$1,313$1,067$862$692$592
20 years$1,509$1,220$979$780$618$524
21 years$1,422$1,137$901$708$553$464
22 years$1,343$1,061$830$644$496$411
23 years$1,271$992$766$586$445$366
24 years$1,205$930$709$535$400$325
25 years$1,145$873$657$488$360$289
26 years$1,089$820$609$447$324$258
27 years$1,037$772$565$409$292$230
28 years$990$727$526$375$264$205
29 years$945$686$489$343$238$183
30 years$904$648$456$315$215$164
31 years$865$612$425$290$195$146
32 years$829$580$396$266$176$131
33 years$795$549$370$245$159$117
34 years$763$520$346$225$144$105
35 years$733$493$323$207$131$94
36 years$705$468$302$191$118$84
37 years$679$445$283$176$107$75
38 years$653$423$265$162$97$67
39 years$630$402$248$149$88$60
40 years$607$382$233$138$80$54
41 years$586$364$218$127$73$49
42 years$565$347$205$117$66$44
43 years$546$330$192$108$60$39
44 years$528$315$180$100$54$35
45 years$510$300$169$92$49$31
46 years$493$286$159$85$45$28
47 years$477$273$149$79$41$25
48 years$462$261$140$73$37$23
49 years$447$249$132$67$33$20
50 years$433$238$124$62$30$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $444,000, adding $2,379 every year, while hoping to spend $28,645 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 48/24/28 Blend
29$444,000$444,000$444,000$444,000
30$491,742$468,210$461,328$511,315
31$511,422$460,674$446,304$517,789
32$532,148$451,809$429,817$521,817
33$553,999$441,519$411,788$525,637
34$577,057$429,704$392,133$529,243
35$601,413$416,256$370,766$532,631
36$627,167$401,062$347,596$535,800
37$654,427$384,002$322,529$538,749
38$683,310$364,950$295,466$541,480
39$713,947$343,772$266,303$543,998
40$746,478$320,326$234,933$546,312
41$781,059$294,461$201,243$548,431
42$817,857$266,021$165,115$550,373
43$857,059$234,836$126,426$552,157
44$898,866$200,730$85,049$553,809
45$943,501$163,516$40,848$555,360
46$991,206$122,996$0$556,848
47$1,042,248$78,963$0$560,210
48$1,096,920$31,194$0$576,757
49$1,155,542$0$0$594,385
50$1,218,466$0$0$618,640
51$1,286,077$0$0$653,588
52$1,358,799$0$0$691,215
53$1,437,098$0$0$731,764
54$1,521,483$0$0$775,506
55$1,612,517$0$0$822,736
56$1,710,815$0$0$873,780
57$1,817,054$0$0$928,994
58$1,931,980$0$0$988,773
59$2,056,411$0$0$1,053,547
60$2,191,245$0$0$1,123,791
61$2,337,473$0$0$1,200,028
62$2,496,181$0$0$1,282,832
63$2,668,567$0$0$1,372,834
64$2,855,946$0$0$1,470,730
65$3,059,766$0$0$1,577,284
66$3,281,619$0$0$1,693,338
67$3,523,260$0$0$1,819,817
68$3,786,615$0$0$1,957,740
69$4,073,808$0$0$2,108,229
70$4,387,175$0$0$2,272,518
71$4,729,287$0$0$2,451,966
72$5,102,975$0$0$2,648,068
73$5,511,356$0$0$2,862,472
74$5,957,859$0$0$3,096,991
75$6,446,262$0$0$3,353,621
76$6,980,725$0$0$3,634,560
77$7,565,827$0$0$3,942,230
78$8,206,611$0$0$4,279,295
79$8,908,630$0$0$4,648,693
80$9,678,001$0$0$5,053,655
81$10,521,460$0$0$5,497,744
82$11,446,425$0$0$5,984,881
83$12,461,067$0$0$6,519,387
84$13,574,387$0$0$7,106,020
85$14,796,298$0$0$7,750,022
86$16,137,719$0$0$8,457,167
87$17,610,679$0$0$9,233,814
88$19,228,429$0$0$10,086,971
89$21,005,566$0$0$11,024,356
90$22,958,169$0$0$12,054,472
91$25,103,954$0$0$13,186,688
92$27,462,437$0$0$14,431,324
93$30,055,118$0$0$15,799,749
94$32,905,686$0$0$17,304,492
95$36,040,237$0$0$18,959,353
96$39,487,524$0$0$20,779,539
97$43,279,227$0$0$22,781,803
98$47,450,250$0$0$24,984,605
99$52,039,047$0$0$27,408,283
100$57,087,991$0$0$30,075,246